EPISODE · Aug 29, 2025 · 45 MIN
IREN - Co-Founder & Co-CEO Daniel Roberts Q&A - FY25 Earnings & Outlook!
from Power Analysis · host Anthony Power & Bryce McNallie
IREN achieves record-breaking financial results with FY25 revenue hitting $501 million, up 168% year-on-year, and Q4 standalone revenue of $187 million. The company has scaled to a billion-dollar annualized revenue run rate for Bitcoin mining while simultaneously building a $250 million AI cloud services business.• Expanded contracted grid-connected power to almost 3 gigawatts with a multi-gigawatt pipeline• Achieved 50 exahash of Bitcoin mining capacity, hitting targets that many thought impossible• Procured 10,900 GPU servers from NVIDIA for AI cloud services• Secured preferred partner status with NVIDIA for cloud service provision• Built proper data centers rather than container-based solutions, allowing consistent performance even during summer heat• Achieved industry-leading power usage effectiveness (PUE) of 1.1 in British Columbia facilities• Vertical integration provides competitive advantage by eliminating co-location fees and improving service response times• Successfully challenging industry assumptions about data center locations, proving that digital distance (latency) matters more than physical location• Secured 100% lease financing for GPU purchases at single-digit interest rates• Maintaining strategic flexibility to allocate computing resources to highest-return opportunitiesHit the like button and subscribe to stay updated on our future discussions and interviews with industry leaders.Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletterAnthonys Info:Website:https://www.powermininganalysis.comX: https://twitter.com/cazenove_ukPatreon:https://www.patreon.com/Cazenove_UKBryce's Info:X:https://twitter.com/McnallieMPatreon:https://www.patreon.com/McNallieMoneyMerch:https://shop.mcnalliemoney.com/Website:https://www.mcnalliemoney.comBusiness Inquiries:Email - [email protected]
What this episode covers
IREN achieves record-breaking financial results with FY25 revenue hitting $501 million, up 168% year-on-year, and Q4 standalone revenue of $187 million. The company has scaled to a billion-dollar annualized revenue run rate for Bitcoin mining while simultaneously building a $250 million AI cloud services business. • Expanded contracted grid-connected power to almost 3 gigawatts with a multi-gigawatt pipeline • Achieved 50 exahash of Bitcoin mining capacity, hitting targets that many thought ...
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IREN - Co-Founder & Co-CEO Daniel Roberts Q&A - FY25 Earnings & Outlook!
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